The new UK Start-up Visa will come in to effect from 29 March 2019 along with the Innovator Visa. There will be no cap on the number of applications for this UK Visa.
This is definitely welcome news for the Tech sector in the UK that grapples with current scarcity of talents. It is a critical issue that is only intensifying as the tech community flourishes and increased demand for digital workers.
The Tech London Advocates has accordingly launched the campaign “Road to 1 Million”. This is a major initiative for securing 1 million jobs in the tech sector by 2023, as quoted by the Tech Newstatesman.
A flourishing Tech sector depends on 2 vital talent pools: domestic and overseas. The new UK Start-up Visa sends the right message that the UK needs to send across the world as a nation. It is that the nation welcomes and is open to the best and brightest overseas talents and entrepreneurs. This is to launch their ventures and develop tech firms that will define the future.
Launching the required pathway in the form of UK Start-up Visa is a pragmatic and timely step in the right direction. It will assist in identifying the tech sector in the UK as an ecosystem to seed and scale.
The continued arrival of Entrepreneurs is crucial for the success of the UK digital economy. This will generate growth, employment, investment, and innovation.
The Tech sector in the UK is evolving and businesses are attracting large levels of funds and achieving amazing growth. Experienced entrepreneurs are vital components of a promising tech ecosystem. They bring a depth of skills, knowledge transfer and the overseas connections that will promote the UK globally.
It now appears that the UK government is heeding to the needs of the UK industries. It is putting in place the required measures to ensure that the nation welcomes innovative businesses having real potential. This is by proposing to create new bodies for endorsement.
Y-Axis offers a wide range of Visa and Immigration services as well as products to overseas immigrants including UK Tier 1 Entrepreneur Visa, Business Visa for the UK, Study Visa for the UK, Visit Visa for the UK and Work Visa for the UK.
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